Apollo Food Holdings Bhd (XKLS:6432) Cyclically Adjusted PB Ratio: 1.60 (As of Jul. 26, 2026) — 30% Above Median

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XKLS:6432 Apollo Food Holdings Bhd XKLS:6432
85 GF Score
Price RM5.86
GF Value RM6.89
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Apollo Food Holdings Bhd Cyclically Adjusted PB Ratio?

Apollo Food Holdings Bhd XKLS:6432 +0.34% 85 Cyclically Adjusted PB Ratio is 1.60 as of Jul. 26, 2026, which is 30% above its 10-year median of 1.23. GuruFocus rates XKLS:6432 with a GF Score™ of 85/100 and a GF Value™ of RM6.89 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,440 Consumer Packaged Goods companies, Apollo Food Holdings Bhd ranks worse than 58.96% on this metric.

As of today (2026-07-26), Apollo Food Holdings Bhd's current share price is RM5.86. Apollo Food Holdings Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Apr. 2026 was RM3.66. Apollo Food Holdings Bhd's Cyclically Adjusted PB Ratio for today is 1.60.

The historical rank and industry rank for Apollo Food Holdings Bhd's Cyclically Adjusted PB Ratio or its related term are showing as below:

XKLS:6432' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.98   Med: 1.23   Max: 2
Current: 1.6

During the past years, Apollo Food Holdings Bhd's highest Cyclically Adjusted PB Ratio was 2.00. The lowest was 0.98. And the median was 1.23.

XKLS:6432's Cyclically Adjusted PB Ratio is ranked worse than
58.96% of 1440 companies
in the Consumer Packaged Goods industry
Industry Median: 1.25 vs XKLS:6432: 1.60

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Apollo Food Holdings Bhd's adjusted book value per share data for the three months ended in Apr. 2026 was RM3.035. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is RM3.66 for the trailing ten years ended in Apr. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Apollo Food Holdings Bhd  (XKLS:6432) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Apollo Food Holdings Bhd Cyclically Adjusted PB Ratio Related Terms


Apollo Food Holdings Bhd Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Apollo Food Holdings Bhd's Cyclically Adjusted PB Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Apollo Food Holdings Bhd Cyclically Adjusted PB Ratio Chart

Apollo Food Holdings Bhd Annual Data
Trend Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25 Apr26
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.07 1.09 1.88 1.68 1.62

Apollo Food Holdings Bhd Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
Cyclically Adjusted PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.68 1.73 1.71 1.69 1.62

XKLS:6432 vs MDLZ, HSY, TR: Cyclically Adjusted PB Ratio Comparison

For the Confectioners subindustry, Apollo Food Holdings Bhd's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Apollo Food Holdings Bhd Cyclically Adjusted PB Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Apollo Food Holdings Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Apollo Food Holdings Bhd's Cyclically Adjusted PB Ratio falls into.


XKLS:6432
85GF Score
Apollo Food Holdings Bhd XKLS:6432
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Apollo Food Holdings Bhd Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Apollo Food Holdings Bhd's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=5.86/3.66
=1.60

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Apollo Food Holdings Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Apr. 2026 is calculated as:

For example, Apollo Food Holdings Bhd's adjusted Book Value per Share data for the three months ended in Apr. 2026 was:

Adj_Book=Book Value per Share/CPI of Apr. 2026 (Change)*Current CPI (Apr. 2026)
=3.035/333.0200*333.0200
=3.035

Current CPI (Apr. 2026) = 333.0200.

Apollo Food Holdings Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201607 3.291 240.628 4.555
201610 3.350 241.729 4.615
201701 3.114 242.839 4.270
201704 3.166 244.524 4.312
201707 3.199 244.786 4.352
201710 3.245 246.663 4.381
201801 3.022 247.867 4.060
201804 3.045 250.546 4.047
201807 3.101 252.006 4.098
201810 3.158 252.885 4.159
201901 3.016 251.712 3.990
201904 3.063 255.548 3.992
201907 3.103 256.571 4.028
201910 3.143 257.346 4.067
202001 2.992 257.971 3.862
202004 3.041 256.389 3.950
202007 3.100 259.101 3.984
202010 3.140 260.388 4.016
202101 2.884 261.582 3.672
202104 2.958 267.054 3.689
202107 2.960 273.003 3.611
202110 2.971 276.589 3.577
202201 2.785 281.148 3.299
202204 2.836 289.109 3.267
202207 2.893 296.276 3.252
202210 3.011 298.012 3.365
202301 2.896 299.170 3.224
202304 2.981 303.363 3.272
202307 3.077 305.691 3.352
202310 3.201 307.671 3.465
202401 3.229 308.417 3.487
202404 2.808 313.548 2.982
202407 2.929 314.540 3.101
202410 3.062 315.664 3.230
202501 2.842 317.671 2.979
202504 2.960 320.795 3.073
202507 2.840 323.048 2.928
202510 2.933 0.000
202601 2.918 325.252 2.988
202604 3.035 333.020 3.035

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

What does a Cyclically Adjusted PB Ratio of 1.60 mean?
Apollo Food Holdings Bhd (XKLS:6432) has a Cyclically Adjusted PB Ratio of 1.60 as of Jul. 26, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Apollo Food Holdings Bhd and its competitors. This is 30% above median its historical median of 1.23. Over the past decade, Apollo Food Holdings Bhd's Cyclically Adjusted PB Ratio has ranged from 0.98 to 2.00. According to the industry distribution chart, Apollo Food Holdings Bhd ranks #849 out of 1440 companies in the Consumer Packaged Goods industry, placing it in the top 59%.
Is Apollo Food Holdings Bhd's Cyclically Adjusted PB Ratio too high?
Apollo Food Holdings Bhd's current Cyclically Adjusted PB Ratio of 1.60 is 30% above median its 10-year median of 1.23. Over the past 10 years, this metric has ranged from a low of 0.98 to a high of 2.00. The Consumer Packaged Goods industry median Cyclically Adjusted PB Ratio is 1.25. Apollo Food Holdings Bhd's value of 1.60 is 28% above this industry median. Based on the distribution chart, Apollo Food Holdings Bhd ranks #849 out of 1440 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, Apollo Food Holdings Bhd has a GF Score™ of 85/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Apollo Food Holdings Bhd's Cyclically Adjusted PB Ratio compare to MDLZ and HSY?
According to the Consumer Packaged Goods industry distribution chart, Apollo Food Holdings Bhd ranks #849 out of 1440 companies for Cyclically Adjusted PB Ratio. This places Apollo Food Holdings Bhd in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.25. Apollo Food Holdings Bhd's value of 1.60 is 28% above this benchmark. Historically, Apollo Food Holdings Bhd's own Cyclically Adjusted PB Ratio has ranged from 0.98 to 2.00 over the past decade. While the company's 10-year median is 1.23 vs. the industry median of 1.25, Apollo Food Holdings Bhd has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PB Ratio for a Consumer Packaged Goods company?
The median Cyclically Adjusted PB Ratio among Consumer Packaged Goods companies is 1.25, based on 1,440 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Apollo Food Holdings Bhd's current Cyclically Adjusted PB Ratio of 1.60 is 28% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Apollo Food Holdings Bhd and its competitors. For the Consumer Packaged Goods industry, the median Cyclically Adjusted PB Ratio is 1.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Apollo Food Holdings Bhd's current Cyclically Adjusted PB Ratio is 1.60, which is 30% above median its own 10-year median of 1.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Apollo Food Holdings Bhd stock overvalued right now?
Based on GuruFocus' analysis, Apollo Food Holdings Bhd (XKLS:6432) is currently considered Modestly Undervalued. The stock's GF Value™ is RM6.89, compared to a current price of RM5.86 — trading 14.9% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.60, which is 30% above median its 10-year median of 1.23 and 28% above the Consumer Packaged Goods industry median of 1.25. Apollo Food Holdings Bhd's overall GF Score™ is 85/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For Apollo Food Holdings Bhd (XKLS:6432), the current Cyclically Adjusted PB Ratio is 1.60 as of Jul. 26, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Apollo Food Holdings Bhd (XKLS:6432) Overvalued in 2026?

Based on GuruFocus' analysis, Apollo Food Holdings Bhd stock appears to be undervalued. The current stock price of RM5.86 is trading 14.9% below its estimated GF Value™ of RM6.89. GuruFocus considers Apollo Food Holdings Bhd to be Modestly Undervalued.

Key valuation signals for XKLS:6432:

  • Cyclically Adjusted PB Ratio: 1.60 (30% above median its 10-year median of 1.23)
  • GF Value™: RM6.89 vs. price of RM5.86 (14.9% below fair value)
  • GF Score™: 85/100 with 2 warning signs
  • Industry Position: 28% above the Consumer Packaged Goods median (#849 of 1440)

No single metric tells the full story. See the XKLS:6432 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Apollo Food Holdings Bhd Business Description

Address No. 70, Jalan Langkasuka, Larkin Industrial Area, Johor Bahru, JHR, MYS, 80350
Apollo Food Holdings Bhd is engaged in investment holding and the provision of management services. It is involved in the manufacturing of compound chocolate confectionery products and layer cakes. The company's operating segment includes Investment holding and Manufacturing, marketing and distribution of compound chocolates, chocolate confectionery products, and cakes. It generates maximum revenue from the Manufacturing, marketing and distribution segment. Geographically, it derives a majority of revenue from Malaysia and also has a presence in ASEAN (excluding Malaysia).
85GF Score

Get the complete analysis for XKLS:6432

Cyclically Adjusted PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

RM5.86
Price
RM6.89
GF Value